IRS tax notice CP-2000

This is a matching notice that compares your filed tax return to the income documents that the IRS receives. If they find differences they just send you a proposed adjustment often with penalties and always interest. These notices come one to two years after your tax returns are filed. Don't pay the balance due without a clear understanding of why you owe it. Many times the missing items are on your tax return but IRS can't find them. Often the IRS only gets one side of the transaction. The IRS gets the amount of securities sold but not what you paid for them. There may be income the IRS has but not the deductions that go with it. Gambling income and losses would be an example of this. We represent taxpayers to explain these differences and resolve these issues. You might be surprised to know that just because IRS proposes a balance due doesn't mean you owe it.